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A manager expects high levels of performance from a newly hired employee,Ashley,as she graduated from a prestigious Ivy League university.A year later,the manager rates Ashley's job performance higher than her actual performance due to his initial belief.What kind of rater error was made by the manager?
Short Run
A period in which at least one input is fixed and cannot be changed by the firm.
Marginal Product of Labor
The extra output produced by adding one more unit of labor, holding other inputs constant.
Unit of Labor
A measurement used to represent an hour of work or effort by a worker or laborer.
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